£195,934
This estimated value is based upon the latest sale price for the house of £112,000 on 9 Jun 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£112,000 | 9 Jun 2006 |
£99,950 | 24 Sep 2004 |
£53,950 | 8 Mar 2002 |
Terraced |
Leasehold |
Floor Area: 66 sq meters or 716 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in June 2006 the House Price Index for GREATER MANCHESTER was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £112,000 results in an estimated price of approximately £195,934.
9 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 149.7 | 74.941 % | £112,000 | £83,934 | £195,934 |
The Postcode Pricing Model uses changes in average sales price within the BL9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 96.274 % | £107,826 | £219,826 |
3 Month Average | 63.129 % | £70,704 | £182,704 |
6 Month Average | 72.407 % | £81,095 | £193,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £162,000 | £162,000 | 13 POPLAR AVENUE |
15 Dec 2023 | £105,234 | £102,000 | 212A BELL LANE |
27 Oct 2023 | £225,113 | £220,000 | 131 WILLOW STREET |
10 Oct 2023 | £120,742 | £118,000 | 126 WILLOW STREET |
30 Jun 2023 | £158,170 | £155,000 | 18 WALNUT AVENUE |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 18 Nov 2008. Using an estimated price of £195,934 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on ROWAN DRIVE is 78 sq meters (842 sq feet).